
Revenue
FY, 2025
| CNY | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 | FY, 2022 | FY, 2023 | FY, 2024 | FY, 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 478.5M | 542.6M | 1.0B | 1.1B | 1.1B | 1.4B | 1.5B | 1.8B |
| Cost of goods sold | 274.9M | 343.5M | 746.2M | 829.0M | 849.5M | 1.1B | 1.2B | 1.4B |
| Gross profit | 226.3M | 227.7M | 280.4M | 260.2M | 305.5M | 416.5M | 399.7M | 504.8M |
| Gross profit margin, % | 47.3% | 42.0% | 28.0% | 24.2% | 27.7% | 29.4% | 26.6% | 27.9% |
| Operating expense total | 54.4M | 87.1M | 129.8M | 149.3M | 134.7M | 201.1M | 201.0M | 210.8M |
| Depreciation and amortization | 66.3M | 780.0M | 64.6M | 490.3M | 725.8M | 63.8M | 61.3M | 74.0M |
| EBITDA | 172.1M | 140.8M | 150.5M | 111.0M | 170.8M | 215.4M | 198.7M | 294.0M |
| EBITDA margin, % | 36.0% | 26.0% | 15.0% | 10.3% | 15.5% | 15.2% | 13.2% | 16.2% |
| EBIT | 104.1M | (635.1M) | 214.4M | (383.2M) | (567.0M) | 131.9M | 149.4M | 148.8M |
| EBIT margin, % | 21.8% | -117.0% | 21.4% | -35.6% | -51.4% | 9.3% | 9.9% | 8.2% |
| Interest income | 1.0M | 1.1M | 4.1M | 6.4M | 6.8M | 6.5M | 10.2M | 11.3M |
| Interest expense | 8.4M | 30.8M | 19.6M | 17.4M | 8.1M | 7.6M | 11.9M | 19.7M |
| Pre tax profit | 96.8M | (664.6M) | 201.0M | (324.6M) | (565.2M) | 131.5M | 149.3M | 151.6M |
| Income tax expense | 25.7M | 27.8M | 51.3M | 31.8M | 30.7M | 32.3M | 33.3M | 64.3M |
| Net Income | 71.1M | (692.4M) | 149.7M | (356.3M) | (595.8M) | 99.2M | 116.0M | 87.4M |